The Manufacturers Life Insurance Company Acquires New Holdings in Wise Group plc $WSE

The Manufacturers Life Insurance Company bought a new position in shares of Wise Group plc (NASDAQ:WSE) during the second quarter, Holdings Channel reports. The fund bought 263,107 shares of the company’s stock, valued at approximately $3,154,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Squarepoint Ops LLC bought a new position in Wise Group in the 2nd quarter valued at $415,000. Allianz Asset Management GmbH bought a new position in shares of Wise Group in the second quarter worth $14,441,000. Citadel Advisors LLC bought a new position in shares of Wise Group in the second quarter worth $2,695,000. Corient Private Wealth LP purchased a new stake in shares of Wise Group in the second quarter worth $251,000. Finally, Amundi purchased a new stake in shares of Wise Group in the second quarter worth $58,328,000.

Wise Group Price Performance

Shares of NASDAQ:WSE opened at $12.02 on Monday. The company’s 50-day moving average is $12.60. Wise Group plc has a 12-month low of $10.36 and a 12-month high of $17.47. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.17.

Wise Group (NASDAQ:WSE) last released its quarterly earnings data on Thursday, June 25th. The company reported $0.12 EPS for the quarter. The company had revenue of $576.48 million during the quarter. On average, equities research analysts predict that Wise Group plc will post 0.57 earnings per share for the current fiscal year.

Wise Group News Roundup

Here are the key news stories impacting Wise Group this week:

• Negative Sentiment: The litigation creates potential financial, regulatory, reputational, and disclosure risks for Wise Group. Investors who purchased shares between May 11 and July 23, 2026 are being urged to seek lead-plaintiff status, with deadlines generally listed as September 29, although one notice cites September 28. Robbins LLP deadline notice
• Negative Sentiment: The high volume of substantially similar announcements from Robbins, Kaplan Fox, Bragar Eagel & Squire, Bronstein Gewirtz & Grossman, Bernstein Liebhard, SBS Law, Pomerantz, Faruqi & Faruqi, and Rosen reinforces the visibility of the shareholder lawsuit, though these notices largely repeat previously reported allegations rather than announce a new court development. Kaplan Fox class action announcement
• Neutral Sentiment: A market-data update reported zero short interest as of September 10, unchanged from the prior reported total. This indicates no measurable short-selling signal in the supplied data, although the reported “NaN” percentage change suggests the statistic may be unreliable.

Analysts Set New Price Targets

Several research firms recently commented on WSE. Morgan Stanley initiated coverage on Wise Group in a research report on Monday, June 29th. They set an “equal weight” rating and a $16.10 target price for the company. Canaccord Genuity Group initiated coverage on Wise Group in a report on Wednesday, September 2nd. They issued a “buy” rating on the stock. UBS Group started coverage on Wise Group in a research report on Friday, May 29th. They set a “buy” rating and a $16.00 price target for the company. Wall Street Zen raised Wise Group from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Finally, BNP Paribas Exane began coverage on shares of Wise Group in a research report on Monday, June 1st. They issued an “outperform” rating and a $16.69 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.52.

Wise Group Company Profile

Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom.